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Barney Franks Junk Assets (part2)

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Uploaded by on Sep 26, 2008

Barney Frank joins Charlie Rose to discuss his view of the causes of our current economic crisis and details of the massive Wall Street bailout.

Frank explains that if only the government buys and holds the junk financial assets (mortgage, HELOC, credit card, auto, and education debt securities) the credit markets would flow again and the government would inevitably turn a profit.

Sure good one!

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News & Politics

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  • And by the way you can attempt to pump some more authority towards your media buddies to try and supress third party voices even more. Sorry but it wont work this time. Vote out all these hacks .

  • Hey Barney you and your clown colleagues and Helicopter Ben take credit for making Sub prime loans illegal? Great job now we can all rest easy while you and the rest of Congress bail out your buddies that have padded your pockets for so long. The American people are finally waking up to the fact that Congress is a corrupt bunch of morons that can never get anything accomplished. What a flawed system. The floodgates are now open wide for third party candidates.

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